With the low inventory and high demand, the few short sales that appear on the market don’t seem to last long. We’ve tracked the Manhattan Beach and Hermosa Beach short sale and foreclosure market for the past few years and we are now at a several year low with only two “distressed” sales currently active on the South Bay MLS. In recent months the few short sales and foreclosures in these areas are generally pricing and selling closer to market value. Below are the two current foreclosures, one each in Manhattan Beach and Hermosa Beach. The condo in Hermosa Beach is located in the condo/hotel The Beach House Hermosa Beach and is unusual due to it’s condo/hotel aspect which only allows owners to stay a total of 90 days a year. This challenge makes financing almost impossible which is partially responsible for the past and current short sale situation. The other is located in the El Porto area of the Manhattan Beach sand section.

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It’s been a while since we’ve seen bank owned homes or REO properties in Redondo Beach. At the moment there are actually 2 currently on the market. The more recent listing is 2117 Grant #3. This is a large 3 bedroom townhome on in North Redondo with over 2,000 square feet* The home is currently […]

When it comes time to purchasing your Redondo Beach home there are a lot of factors to take into consideration. Here are the top five factors home buyers in California say are the most important to them.

Vista Sotheby’s International Realty, one of the top real estate brokerages for Torrance, Redondo and the entire South Bay, just recently announced their top 25 agents for 2018 . Redondo Beach real estate specialist Keith Kyle was named as one of the highest producing realtors for the year. We are proud to, once again, be named to […]

While the project was controversial within the community, the development known as One South in South Redondo Beach is nearing completion and the residential units are now pre-selling. Located at 1914 Pacific Coast Highway in Redondo Beach, the community consists of 52 residential units with retail below. The homes will consist of a mix of […]

It’s no real secret that good schools help drive real estate values in certain neighborhoods and communities. Buyers with kids want to be in areas with good schools and that higher demand helps keep values up. Even those without kids greatly benefit from a strong school system. The stronger the schools the more insulated a […]

It looks like the market in the Golden Hills of Redondo Beach may not have peaked just yet if the home at 1809 Goodman is any indication. Listed at $1,249,000 and closing at $1,245,000. This appears to be a new record high sales price for anything of that size built prior to 2005. View the […]

Welcome home to this luxury retreat and live the vacation lifestyle! This beautifully remodeled condo is the ideal beach retreat and the community offers multiple pools and spas, oceanview deck, bbq area and access to the neighboring resort style pool, state of the art fitness center and market/restaurant. Perfect for those looking to buy instead of […]

October 2018 saw 70 homes sell and close escrow in Redondo Beach. The average list price was just over $1,112,066 with an average sold price of $1,112,556. When the sold price is higher than the average list price it indicates a very strong sellers market. The median list price was $1,062,000 with the median sold […]

October was another solid month for home sales in Torrance with 112 home sales. The average listing price for the month was $748,206 with the average sales price at $744,270. The median list price was $729,000 while the median sold price was at $715,875. The highest sale of the month was $1,750,000 for a 4 bedroom home […]

The one bedroom Village condos in Redondo Beach are a great indicator of the South Redondo real estate market over time as the units are all the same size and configuration. The ocean views make a big difference as well as the floor it’s on, but in general the units are pretty similar. Therefore the […]

There are a number of things a buyer needs to do to get a mortgage and the earlier these are done in the process the less stressful the process. Knowing about your financing abilities eliminates many hurdles that may come up in the home buyer process in Redondo and the loan process for any Southern […]

This is the home you have been looking for. From the moment you enter you’re struck by the bright and open concept layout perfect for today’s lifeastyle. The home was recently expanded and extensively remodeled with no expense spared. Enter through the beautiful glass front doors inset with decorative iron and into the expansive living […]

Without question the highest priced home currently on the market is the oceanfront home located at 709 Esplanade in South Redondo Beach. While there are numerous condo complexes on the Esplanade there are only a very small number of single family homes along Redondo’s waterfront street. 709 Esplanade is pretty unique in just about every […]

August was yet another big month as, much like the weather, the real estate market stayed very hot. Below are the numbers that paint a pretty rosy picture of the market in this wonderful coastal city. Active Homes For Sale (as of 8/30/18) Number of homes for sale: 106 Highest Price: $13,700,000 Lowest Price: $415,000 […]